First Western Financial Inc income statement
In fiscal 2025, First Western Financial Inc reported revenue of $96.9m, up 7.6% on the year before and net income of $13.2m, or $1.34 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 55 | 58 | 64 | 93 | 95 | 108 | 83 | 90 | 97 | 111 |
| Interest expense | 6 | 8 | 13 | 7 | 5 | 17 | 74 | 88 | 2 | 3 |
| Net interest income | 28 | 31 | 32 | 46 | 57 | 84 | 71 | 64 | 75 | 86 |
| Non-interest income | 28 | 27 | 33 | 51 | 40 | 28 | 22 | 28 | 27 | 25 |
| Non-interest expense | 49 | 50 | 54 | 60 | 68 | 79 | 76 | 78 | 80 | 84 |
| Provision for credit losses | 1 | 0 | 1 | 5 | 1 | 4 | 12 | 3 | 5 | 0 |
| Income before tax | 5 | 7 | 10 | 33 | 27 | 29 | 7 | 12 | 17 | 27 |
| Income tax | 3 | 2 | 2 | 9 | 7 | 7 | 2 | 3 | 4 | 6 |
| Net income | 2 | 6 | 8 | 25 | 21 | 22 | 5 | 8 | 13 | 21 |
| Diluted EPS | −$0.05 | $0.63 | $1.01 | $3.08 | $2.50 | $2.23 | $0.54 | $0.87 | $1.34 | $2.14 |
| Diluted shares (average) | 6m | 7m | 8m | 8m | 8m | 10m | 10m | 10m | 10m | 10m |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 24 | 25 | 22 | 24 | 26 | 28 | 29 | 28 |
| Interest expense | 21 | 20 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net interest income | 17 | 17 | 18 | 19 | 21 | 21 | 22 | 23 |
| Non-interest income | 6 | 7 | 6 | 7 | 6 | 7 | 6 | 6 |
| Non-interest expense | 20 | 19 | 19 | 20 | 21 | 20 | 21 | 21 |
| Provision for credit losses | −1 | 0 | 2 | 2 | 1 | −1 | −1 | 1 |
| Income before tax | 4 | 5 | 3 | 4 | 4 | 8 | 7 | 7 |
| Income tax | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 1 |
| Net income | 3 | 4 | 3 | 3 | 3 | 6 | 6 | 6 |
| Diluted EPS | $0.28 | $0.43 | $0.26 | $0.32 | $0.34 | $0.63 | $0.57 | $0.60 |
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